Range Resources Corp.

Range Resources is a holding company. Through its subsidiaries, the company is an independent natural gas, natural gas liquids and oil company, engaged in the exploration, development and acquisition of natural gas and oil properties, located in the Appalachian and North Louisiana regions of the United States, primarily in the Marcellus Shale in Pennsylvania and the Lower Cotton Valley formation in Louisiana.
  • TickerRRC
  • ISINUS75281A1097
  • ExchangeNew York Stock Exchange
  • SectorOil & Gas Producers
  • CountryUnited States
RRC Range Resources... (Oil & Gas)

RANGE RESOURCES CORP sees a downgrade to Slightly Negative on account ...

The independent financial analyst theScreener just lowered the general evaluation of RANGE RESOURCES CORP (US), active in the Exploration & Production industry. As regards its fundamental valuation, the title now shows 3 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date July 16, 2021, the closing price was USD 14.87 and its target price was estimated at USD 9.25.

RRC Range Resources... (Oil & Gas)

Range Resources Corporation - March 2021 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

RRC Range Resources... (Oil & Gas)

Range Resources Corp : 5 directors

Five Directors at Range Resources Corp sold after exercising options/sold 321,959 shares at between 13.883USD and 14.044USD. The significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading act...

 PRESS RELEASE
RRC Range Resources... (Oil & Gas)

Range Announces Conference Call to Discuss First Quarter 2021 Financia...

Range Announces Conference Call to Discuss First Quarter 2021 Financial Results FORT WORTH, Texas, April 09, 2021 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its first quarter 2021 financial results news release will be issued Monday, April 26 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Tuesday, April 27 at 9:00 a.m. ET (8:00 a.m. CT). A webcast of the call may be accessed at . The webcast will be archived for replay on the Company's website until May 27, 2021. RANGE RES...

 PRESS RELEASE
RRC Range Resources... (Oil & Gas)

Range Announces Conference Call to Discuss Fourth Quarter 2020 Financi...

Range Announces Conference Call to Discuss Fourth Quarter 2020 Financial Results FORT WORTH, Texas, Feb. 05, 2021 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its fourth quarter 2020 financial results news release will be issued Tuesday, February 23 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Wednesday, February 24 at 9:00 a.m. ET (8:00 a.m. CT). A webcast of the call may be accessed at . The webcast will be archived for replay on the Company's website until March 24, 2021...

RRC Range Resources... (Oil & Gas)

Range Resources Corp : 5 directors

Five Directors at Range Resources Corp sold after exercising options/sold 321,959 shares at between 13.883USD and 14.044USD. The significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading act...

 PRESS RELEASE
RRC Range Resources... (Oil & Gas)

Range Announces Conference Call to Discuss First Quarter 2021 Financia...

Range Announces Conference Call to Discuss First Quarter 2021 Financial Results FORT WORTH, Texas, April 09, 2021 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its first quarter 2021 financial results news release will be issued Monday, April 26 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Tuesday, April 27 at 9:00 a.m. ET (8:00 a.m. CT). A webcast of the call may be accessed at . The webcast will be archived for replay on the Company's website until May 27, 2021. RANGE RES...

 PRESS RELEASE
RRC Range Resources... (Oil & Gas)

Range Announces Conference Call to Discuss Fourth Quarter 2020 Financi...

Range Announces Conference Call to Discuss Fourth Quarter 2020 Financial Results FORT WORTH, Texas, Feb. 05, 2021 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) announced today that its fourth quarter 2020 financial results news release will be issued Tuesday, February 23 after the close of trading on the New York Stock Exchange. A conference call to review the financial results is scheduled on Wednesday, February 24 at 9:00 a.m. ET (8:00 a.m. CT). A webcast of the call may be accessed at . The webcast will be archived for replay on the Company's website until March 24, 2021...

 PRESS RELEASE
RRC Range Resources... (Oil & Gas)

Range Announces Pricing of Upsized $600 Million Offering of Senior Not...

Range Announces Pricing of Upsized $600 Million Offering of Senior Notes FORT WORTH, Texas, Jan. 05, 2021 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) (“Range” or the “Company”) announced today that it has priced at par an offering of $600 million aggregate principal amount of senior notes due 2029 (the “Notes”), which will carry an interest rate of 8.25%. Range expects that the net proceeds of the offering will be approximately $590.8 million. Range intends to use the net proceeds from the offering for general corporate purposes, including the repayment of borrowings under...

 PRESS RELEASE
RRC Range Resources... (Oil & Gas)

Range Announces Offering of Senior Notes

Range Announces Offering of Senior Notes FORT WORTH, Texas, Jan. 05, 2021 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) (“Range” or the “Company”) announced today that it intends, subject to market conditions, to offer $500 million aggregate principal amount of senior notes due 2029 (the “Notes”) in a private placement to eligible purchasers. Range intends to use the net proceeds from the offering for general corporate purposes, including the repayment of borrowings under its bank credit facility. The Notes have not been registered under the Securities Act of 1933, as amend...

Valens Research
  • Valens Research
RRC Range Resources... (Oil & Gas)

RRC - Embedded Expectations Analysis - 2019 12 02

Range Resources Corporation (RRC:USA) currently trades at a historical low relative to UAFRS-based (Uniform) Assets, with a 0.6x Uniform P/B. At these levels, the market has somewhat bearish expectations for the firm, but management is confident about their liquidity, costs, and capital allocation. Specifically, management generated excitement markers when discussing the amount of liquidity they have available and when saying they are going to be opportunistic when executing their share repurchase program. Furthermore, they are confident they have improved their vehicle safety program and tha...

Jeffrey Stafford
  • Jeffrey Stafford
RRC Range Resources... (Oil & Gas)

Morningstar | Reducing FVEs for Antero, Gulfport, and Range to Reflect...

We are revising our fair value estimates for Antero, Gulfport, and Range Resources to $8, $7, and $17, respectively, after the recent deterioration in near-term natural gas prices. Our valuation models incorporate three years of strip prices before reverting to our midcycle forecast, which is unchanged at $3 per barrel. When we last updated these models, U.S. prices were expected to average $2.80 per thousand cubic feet, $2.80/mcf, and $3/mcf,respectively, for 2019, 2020, and 2021. However, current expectations are much weaker ($2.60/mcf, $2.70/mcf, and $2.70/mcf in the same periods). U.S. ...

Jeffrey Stafford
  • Jeffrey Stafford
RRC Range Resources... (Oil & Gas)

Morningstar | Range Suffering From Lower Medium-Term Gas Prices

As primarily a Marcellus operator (roughly 85% of total production), Range Resources is a gas-heavy exploration and production firm, with more than 95% of proved reserves consisting of natural gas or natural gas liquids. The company has diversified its asset base somewhat after its merger with Memorial Resource Development in 2016. Memorial gave Range exposure to gas- and NGL-heavy assets in northern Louisiana, and the transaction helped shore up Range’s shaky balance sheet. But the acerage has not performed as hoped.With natural gas prices on a fairly steady downward trajectory over the las...

Jeffrey Stafford
  • Jeffrey Stafford
RRC Range Resources... (Oil & Gas)

Reducing FVEs for Antero, Gulfport, and Range to Reflect Near-Term Wea...

We are revising our fair value estimates for Antero, Gulfport, and Range Resources to $8, $7, and $17, respectively, after the recent deterioration in near-term natural gas prices. Our valuation models incorporate three years of strip prices before reverting to our midcycle forecast, which is unchanged at $3 per barrel. When we last updated these models, U.S. prices were expected to average $2.80 per thousand cubic feet, $2.80/mcf, and $3/mcf,respectively, for 2019, 2020, and 2021. However, curr...

Jeffrey Stafford
  • Jeffrey Stafford
RRC Range Resources... (Oil & Gas)

Range Suffering From Lower Medium-Term Gas Prices

We're leaving our $19 per share fair value estimate and no-moat rating for Range Resources unchanged following the release of first-quarter results. Range Resources increased production in the first quarter to 2.256 billion cubic feet per day, beating management's prior guidance for a 5% volume increase sequentially. Realized prices came down sequentially as the impact of low temperatures on natural gas prices faded. But a roughly 3% decline in cash unit costs helped to offset lower prices. We e...

RRC Range Resources... (Oil & Gas)

Range Resources Corporation - March 2021 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

RRC Range Resources... (Oil & Gas)

Range Resources Corporation: Update to credit analysis following upgra...

Our credit view of Range reflects good asset coverage, and large scale of production and reserves in the Marcellus, offset by the need to further reduce debt given weak natural gas pricing.

RRC Range Resources... (Oil & Gas)

Moody's rates Range Resources' new notes B2; upgrades CFR to B1

Rating Action: Moody's rates Range Resources' new notes B2; upgrades CFR to B1. Global Credit Research- 05 Jan 2021. New York, January 05, 2021-- Moody's Investors Service upgraded Range Resources Corporation's Corporate Family Rating to B1 from B2, Probability of Default Rating to B1-PD from B2-PD and existing senior unsecured notes to B2 from B3.

RRC Range Resources... (Oil & Gas)

Range Resources Corporation - September 2020 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

RRC Range Resources... (Oil & Gas)

Moody's announces completion of a periodic review of ratings of Range ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Range Resources Corporation. Global Credit Research- 11 Sep 2020. New York, September 11, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Range Resources Corporation and other ratings that are associated with the same analytical unit.

RRC Range Resources... (Oil & Gas)

RANGE RESOURCES CORP sees a downgrade to Slightly Negative on account ...

The independent financial analyst theScreener just lowered the general evaluation of RANGE RESOURCES CORP (US), active in the Exploration & Production industry. As regards its fundamental valuation, the title now shows 3 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date July 16, 2021, the closing price was USD 14.87 and its target price was estimated at USD 9.25.

RRC Range Resources... (Oil & Gas)

Ford Equity US Rating and Forecast Report

Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.

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